Google (NSDQ: GOOG) may insist that Eric Schmidt will remain as involved as ever in the management of the company even though he’s relinquishing the title of CEO, but Schmidt is nevertheless loosening his financial ties to Google—slightly. An SEC filing indicates that Schmidt has established a stock trading plan that would allow him to sell as many as 534,000 shares of the company’s stock over the next year. At current prices, those shares are worth roughly $334 million.
Source: http://feeds.paidcontent.org/~r/pcorg/~3/x1T49C36WeQ/
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